26 Lake Terrace W, Mount Gambier, SA 5290 | Property Value & History | OnTheHouse
OFF MARKET

26 Lake Terrace W
Mount Gambier SA 5290

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
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Property Details for 26 Lake Tce W, Mount Gambier

26 Lake Tce W, Mount Gambier is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1955. While the property is not currently for sale or for rent, it was last sold in August 2024.

Building Type
House
Year Built
1955
Local Government
Mount Gambier
Lot/Plan
A49/D4332

Last Listing description (July 2024)

CITY VIEWS!

Nestled on an approximately 865m block, this solid stone home with an iron roof presents a rare opportunity in today's competitive real estate market. With its classic architecture and generous plot, this property is poised to become a dream home for discerning buyers.

Features at a Glance:
Bedrooms: The home boasts three well-sized bedrooms, with two featuring built-in robes, providing ample storage and convenience.

Living Space: The separate carpeted lounge room offers a cozy retreat, enhanced by a gas log fireplace that promises warmth and ambiance during cooler months.
Kitchen-Dining: The kitchen-dining area is equipped with electric cooking facilities, ensuring modern functionality while maintaining the home's charming character.
Bathroom: Centrally positioned, the bathroom includes a shower and vanity, complemented by a separate toilet for added practicality.
Sun Room: One of the standout features is the north-facing sunroom, which offers a serene space to relax and enjoy the stunning city landscape views.
Carport: The double-length carport plus single garage provides secure and convenient parking for multiple vehicles.
Location, Location, Location:
Situated within walking distance of Reidy Park Primary School, Tenison Woods College, and the Valley Lakes Walking Trails, this home is in a highly sought-after neighborhood. The proximity to quality educational institutions and recreational facilities enhances the property's appeal for families and individuals alike.

While the home already offers a solid foundation and essential features, it holds tremendous potential for those looking to imprint their own style and vision. Imagine modernizing the kitchen to create a gourmet culinary space, or updating the bathroom with contemporary fixtures to add a touch of luxury. The north-facing sunroom can be transformed into a stunning indoor-outdoor living area, perfect for entertaining guests or enjoying quiet moments of reflection.

The large block size provides ample space for landscaping, gardening, or even adding extensions to the existing structure. With thoughtful renovations and personal touches, this house can be transformed into a bespoke haven tailored to your lifestyle and preferences.

Embrace the chance to turn this house into your dream home and enjoy the many benefits of living in this esteemed area.

Extra Information:
Council Rates / $1610.00 p/a
SA Water Supply Charge / $74.20 p/qtr
SA Water Sewer Supply Charge $89.51 p/qtr
Emergency Services Levy $124.65 p/a
Build Year / 1955
Land Size / 865 m2
Council / City of Mount Gambier
Zoning / Suburban Neighbourhood

Disclaimer:
All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a propertys land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice. Please read the Consumer and Business Services Form R7 http://www.cbs.sa.gov.au/assets/files/form_r7_warning_notice.pdf in reference to any financial or investment advice contained within this communication. Liability limited by a scheme approved under Professional Standards Legislation.

Property History for 26 Lake Tce W, Mount Gambier, SA 5290

A timeline of how this property has performed in the market
Last Sold
$410,000
15 Aug 2024
  • 17 Jul 2024
    Listed for Sale Expressions of Interest
  • 17 Jul 2024
    Sold - Price Undisclosed
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About Mount Gambier 5290

The size of Mount Gambier is approximately 26.8 square kilometres. There are 114 parks, covering nearly 24.0% of the total area. The population of Mount Gambier in 2016 was 25512 people. By 2021 the population was 25591 showing a population growth of 0.3% in the area during that time. The predominant age group in Mount Gambier is 50-59 years. Households in Mount Gambier are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mount Gambier work in a community and personal service occupation.In 2021, 62.70% of the homes in Mount Gambier were owner-occupied compared with 61.30% in 2016.

Mount Gambier has 13,840 properties. Over the last 5 years, Houses in Mount Gambier have seen a 110.94% increase in median value, while Units have seen a 116.19% increase. As at 30 April 2026:

  • The median value for Houses in Mount Gambier is $575,519 while the median value for Units is $425,087.
  • Houses have a median rent of $470 while Units have a median rent of $355.
There are currently 104 properties listed for sale, and 40 properties listed for rent in Mount gambier on OnTheHouse. According to Cotality's data, 707 properties were sold in the past 12 months in Mount gambier.

Suburb Insights for Mount Gambier 5290

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.